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Flanigan's Announces Earnings

FORT LAUDERDALE, Fla., Dec. 31, 2012 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., (NYSE Alternext US:BDL) owners and operators of the "Flanigan's Seafood Bar and Grill" restaurants and "Big Daddy's" retail liquor stores, announced results for the 13 weeks and the 52 weeks ended September 29, 2012. The table below sets forth the results on a comparative basis with the 13 weeks and 52 weeks ended October 1, 2011.

	For the 13 weeks	For the 13 weeks
	ended September	ended October
	29, 2012	1, 2011
REVENUES

RESTAURANT FOOD AND
BAR SALES	$ 15,014,000	$ 14,033,000
PACKAGE STORE SALES	2,807,000	2,820,000
FRANCHISE RELATED REVENUES	377,000	287,000
OWNER'S FEE	37,000	38,000
OTHER OPERATING INCOME	43,000	59,000
RENTAL INCOME	105,000	--
TOTAL REVENUES	$ 18,383,000	$ 17,237,000
NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.	$ 332,000	$ 19,000
NET INCOME PER COMMON SHARE
BASIC AND DILUTED	$ 0.18	$ 0.01


	For the 52 weeks	For the 52 weeks
	ended September	ended October
	29, 2012	1, 2011
RESTAURANT FOOD
AND BAR SALES	$ 62,198,000	$ 57,765,000
PACKAGE STORE SALES	13,214,000	13,141,000
FRANCHISE RELATED REVENUES	1,133,000	1,023,000
OWNER'S FEE	157,000	161,000
OTHER OPERATING INCOME	158,000	219,000
RENTAL INCOME	475,000	--
TOTAL REVENUES	$ 77,335,000	$ 72,309,000

NET INCOME ATTRIBUTABLE TO FLANIGAN'S ENTERPRISES, INC.	$ 1,413,000	$ 1,449,000(1)


NET INCOME PER COMMON SHARE
BASIC AND DILUTED	$ 0.76	$ 0.78

(1) Includes after tax gain of $162,000 from sale of guaranteed leasehold interest.